This section needs expansion. You can help by adding to it.(December 2009)

SFG started as a fanzine club named Zirabious in early 2004 and later in 2005 after renaming to Fantasy Academy changed its approach to a more academic path and later became the sole reference for Persian speculative fiction specially science fiction, since there is still no group or organization working in this area.[citation needed] In 2010 the group reformed again to separate the fan base from academic activities, and all of fan activities moved to a new website called Fanzine (Persian: فنزین).

Officially established in 2004, the group have founded on an earlier local private group called Seventh Dimension. Fantasy Academy has developed in several aspects considering its target genre since then. Primarily the main focus of the group was to introduce and localization of the two main subgenres of speculative fiction: fantasy and science fiction. However, the other subgenres including horror fiction has been added recently.

The main media of representation of the group has been Internet, but, there were some occasionally appearances in other media such as televisions, newspapers, magazines and exhibitions.

From the beginning, there were many branches which were related to main site and through the time, the branches have increased. Most influential branches could be mention as Encyclopedia, English Moon and a Gallery, all of them are heavily supported and depended to main site: fantasy academy. In 2008 when the then group Editor in Chief issued the copyright decree (currently no international copyright law is valid in Iran.), the Gallery closed down.

In 2008, there were extensive efforts to perform researches in the field of fantasy literature in Persian language and these efforts have formed the main new goal of the group by now.

The official main aim of this group is: "To maintain effective helps to the speculative genre to be developed and published in the Persian language". The group also try to introduce and support all new Persian writers and intellectuals in this genre.

Each group of the body has its own coordinator members. However, the person who represents the group holds the title of "chief editor", an official member of the group who is chosen by the members casually for indefinite term. The group has experienced four chief editors by now and the current chief editor of the body is Mehdi Bonvari.

The Fantasy Academy, known as the main group of this genre in Iran, run and participate many activities annually, including but not restricted to an annual Ceremony, introduction to a famous writer meeting, general talk session, weekly session for discussion and contemplation and so on.

An annual award, presented by Persian Fantasy Academy. the award is given to the best short story of the year in the field of science fictions, horror fiction or fantasy genre. The winner is selected among all participants of the yearly contest. The contest starts in winter every year and ends in the spring, and results is announced during the summer. All participated stories should be written in Persian but the authors may be from any nationality.